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325 Binney Update 04/12/21

Alexandria Real Estate Acquires Church Parking Lot for 325 Binney Project

Alexandria Real Estate Equities has acquired a subdivided lot in preparation for construction of the Grand Junction Multi-Use Pathway as part of development of 325 Binney Street in Cambridge. The Roman Catholic Archbishop of Boston sold the parking lot to St Anthony of Padua Catholic Church to ARE-MA Region No. 66, LLC - a subsidiary of ARE - for $6,000,000.

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